2016 Year End Market Report - Park City, Utah Real Estate 2016 Year-End Market Report | Page 7

HEBER VALLEY
Heber Valley is just a 15 minute drive from Park City . This area features remarkable views of the Timpanogos mountain range and is home to the golf community of Red Ledges . Countless recreational opportunities include fishing , camping , hiking , horseback riding , as well as skiing at Deer Valley Resort ® via the Jordanelle Express gondola . Residents in the area are equally split between primary and secondary homeowners . Vacationers enjoy the bountiful scenery and relaxing vibe , while residents appreciate the affordable housing prices .

26,000

Wasatch County Population

13,000

Heber Valley Population

5 %

Median Price Heber Valley Home

$ 480 K $ 394 K

Average Price Heber Valley Home
Median Price Heber Valley Home

$ 310 K

Average Price Heber Valley Condominium

$ 290 K

Median Price Heber Valley Condominium
Heber Valley ’ s housing market remains strong . There were 359 reported sales in Heber Valley last year , representing an overall increase of 45 %. While buyer interest remains strong , prices have increased 8 %.
Statistics are based upon Park City Board of Realtors MLS data for the period of 1 / 1 / 16 to 12 / 31 / 16 . Population estimate and fact sources : Census . gov | PC . org | Mile Post .